Indonesia’s Traveloka in talks to raise over $200m from BlackRock, others

Indonesian online travel unicorn Traveloka is in talks with investment management company BlackRock and others for a funding round of more than $200 million, sources privy to the matter said.

Sources have indicated that Indonesia Investment Authority (INA), the country’s newly-formed sovereign wealth fund, is also in talks to join the round. However, no final decision on the fundraising has been made, the people mentioned above added.

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